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Forex Trend Analysis Report

Prepared for you on Sunday, April 30, 2017.

Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_JODNOK
Open High Low JODNOK Price Change
12.03285 12.09595 12.00410 12.07880 +0.04595
Entry Signal

MarketClub’s Trade Triangles for JODNOK

long term up The long term trend has been UP since Apr 21st, 2017 at 12.24685

intermediate term down The intermediate term trend has been DOWN since Apr 24th, 2017 at 12.00730

short term down The short term trend has been DOWN since Apr 28th, 2017 at 12.05295

Smart Scan Analysis for JODNOK

Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for JODNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.03285 12.09595 12.00410 12.07880 +0.04595
Prev. Close Volume Bid Ask Time
12.03285 12.07030 12.08730 2017-04-28 14:33:59
Want to analyze Jordanian Dinar/Norwegian Krone JODNOK or another symbol? Try our Free Forex Trend Analysis Report.